How much will your health care cost you after you retire? Read this...

How much do you figure you'll pay for health care expenses after you retire? You're probably underestimating.

Updated September 12, 2017 10:40 AM

Medical expenses represent one item in retirees' budgets that can increase significantly when transitioning from your career job into retirement.

According to the U.S. Bureau of Labor Statistics, employers on average subsidize 80 percent of the cost of health care premiums for their active employees and more than two-thirds of the costs for family coverage.